Karachi: Tri-Pack Films Limited has officially notified shareholders of the upcoming Extraordinary General Meeting (EOGM) on October 4, 2024, where elections for several director positions will be held. This notice, required under Section 159(4) of the Companies Act, 2017, was issued following publication in both the Business Recorder and Nawa-i-Waqt newspapers on Friday, September 27, 2024.

According to information available from the Pakistan Stock Exchange (PSX), the EOGM will take place at the Institute of Chartered Accountants of Pakistan in Karachi, with an option for members to also participate via Zoom. The notice detailed the candidates who have expressed their intention to serve as directors, categorized as follows: one female and one male candidate for Independent Director roles, and five candidates for Other Director roles.

The candidates for Independent Director positions are Ms. Nermeen Towfiq Chinoy and Mr. Aamir Hussain Shirazi. The candidates listed under Other Directors include Mr. Asghar Abbas, Syed Babar Ali, Syed Hyder Ali, Mr. Khunam Raze Bakhtayai, and Mr. Asif Qadir. Each of these candidates has been evaluated to meet the rigorous requirements of Section 166 of the Companies Act and the Listed Companies (Code of Corporate Governance) Regulations, 2019.

Given that the number of nominees does not exceed the number of available positions as fixed by the Board under Section 159(1) of the Act, these candidates will be deemed elected at the forthcoming meeting. This streamlined process ensures compliance with regulatory standards and supports the company’s governance framework.

Further details and profiles of each candidate are available on Tri-Pack Films Limited’s official website, ensuring that shareholders have access to all necessary information to make informed decisions about the governance of the company.